Xinwangda's revenue in 2023 is 47.8 billion yuan

In 2023, Xinwanda achieved revenue of 47.8 billion yuan, down 8.2% year-on-year, the first decline in its 13 years of listing; net profit was 1.07 billion yuan, up 0.77% year-on-year. In addition, Xinwanda's annual report shows that its power battery segment (Xinwanda Power), which is planned to be spun off and listed, continued to lose money last year, with a net loss of 140 million yuan.